Harper Corporation has two major business segments Ashley and Chloe. In July the Ashley segment had sales revenues of $220,000, variable expenses of $125,000, and traceable fixed expenses of $29,000. During the same month, the Chloe segment had sales revenues of $890,000, variable expenses of $472,000,and traceable fixed expenses of $169,000. The common fixed expenses total $246,000.

Constructed a segmented income statement in a contribution format form to show segment margins, as well as net operating income of the Harper Corporation.